55343 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55343 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityHopkins
Time ZoneAmerica/Chicago
Geo Location44.91441, -93.41625
Population26472
Size19.559 square miles
Median Family Income$93929.00
Median Home Value$300200.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55343 zip code. The total population is 26472, of which, 13308 are male and 13308 are female. This total population is 1.41% greater than the average. With a total area of 19.559 square miles, the population density is 1290.7 people per square mile. The median age of the population is 36.3 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201124313
201224724
201325113
201425259
201525375
201625561
201725483
201825185
201925245
202025734
202126472

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 21108%
Age 5-912914.9%
Age 10-1415806%
Age 15-196462.4%
Age 20-2410854.1
Age 25-29308311.6%
Age 30-34294411.1%
Age 35-3916766.3%
Age 40-441585 6%
Age 45-4913985.3%
Age 50-5416056.1%
Age 55-5916226.1%
Age 60-6416866.4%
Age 65-6911154.2%
Age 70-7410954.1%
Age 75-795752.2%
Age 80-845542.1%
Age 85 and over8223.1%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 18.8 %
  • Speaks Spanish: 4.4 %
  • Speaks Other Indo-European Language: 4 %
  • Speaks Pacific Island Languages: 4 %
  • Speak Other Languages: 6.5 %
Marital Status: 
  • Currently Married: 40.7 %
  • Divorced: 14.5 %
  • Separated (not divorced): 2 %
  • Never Married: 37.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55343 zip code is $93929. This is 7.78% greater than the national average. This income places 9.4% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $27685. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.00175
$10,000.00 – $14,999.0097
$15,000.00 – $24,999.00370
$25,000.00 – $34,999.00301
$35,000.00 – $49,999.00454
$50,000.00 – $74,999.001047
$75,000.00 – $99,999.00595
$100,000.00 – $149,999.001333
$150,000.00 – $199,999,00650
$200,000.00 +792

YearMedian Family Income ($ USD)
201179556
201274662
201375356
201470578
201570481
201673840
201773315
201878430
201990108
202086000
202193929

Income Source# of Households
Wage or Salary9893
Self Employment1113
Social Security3136
Dividends, Interest, or Rental2696
Retirement2658
Other1351

Total Insured & Uninsured Individuals: 
  • Families Insure: 24952
  • Families Uninsured: 1281
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2658
  • No retirement income: 10053

Education

In the 55343 zip code, 94.4% of individuals over 25 years old have a high school degree or higher, and 51% have a bachelors degree or higher. Additionally, 16.8% of individuals 3 years and older are in private school, and 83.2% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55343 zip, there are an estimated 15618 people in the labor force, of which, 14867 are employed, and 751 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 20.8 minutes. Of the total people that work, 2132 worked from home and 14623 commuted. The average number of hours worked is 39.4. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts7380
Services2106
Sales and Office3127
Construction and Maintenance:524
Transportation and Material Moving1730





Housing

The median home value for the 55343 zip code is 300200. There is an estimated  12711 number of occupied housing units, the median gross rent in is $1214 per month, and the average monthly housing costs are estimated to be $1266. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000158
$50,000 – $99,000195
$100,000 – $149,999380
$150,000 – $199,999545
$200,000 – $299,9991447
$300,000 – $499,9992128
$500,000 – $999,999561
$1,000,000+41

Home Year BuiltNumber of Homes
2020 or Later18
2010 – 2019569
2000 – 2009493
1980 – 19993611
1960 – 19794455
1940 – 19592639
1939 or earlier926

The median number of rooms in all housing units is 4.3 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500610
$500 – $9991377
$1,000 – $1,4993185
$1,500 – $1,9991364
$2,000 – $2,499351
$2,499 – $2,999142
$3,000 + 49

Monthly Housing Costs ($)Number of Households
Less than 300262
300-499597
500-7991225
800-9991583
1000-14994586
1500-19992355
2000-24991157
2500-2999356
3000+412

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1861
20%-24.9%523
25%-29.9%395
30%-34.9%249
35+%636



# of VehiclesHouseholds
None1045
15989
24473
3+1204
Home Heating Characteristics: 
  • Utility Gas: 64.3 %
  • Bottle Tank or LP Gas: 2 %
  • Electricity: 28.4 %
  • Oil or Kerosene etc: 0.2 %
  • Coal or Coke: 0 %
  • All Other: 3.4 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.